Deephaven Capital Management LLC (Minnetonka)


Deephaven Capital Management LLC is a large advisory firm based in Minnetonka. It manages $1.98 billion of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Minnesota.

Deephaven Capital Management provides market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Deephaven Capital Management: assets under management

The assets under management (AUM) of Deephaven Capital Management LLC is $1.98 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -33% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.98 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $123.82 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Deephaven Capital Management LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Deephaven Capital Management LLC

Matthew David Caudill joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Kfp Holdings I Llc Shareholder 1 Jan 2000 75% - 100% 41-1890776
Deborah Kay Roesler Chief financial officer 1 Jun 2001 Other 1989732
Colin Jonathan Smith Chief executive officer 1 Jan 2002 Other 2339445
Bentley Jay Anderson Chief legal officer 1 Jun 2005 Other 2754365
Thomas C Wagner Chief compliance officer 1 Oct 2005 Other 2692644
Scott Michael Nelson Chief operating officer 1 Sep 2006 Other 1967054
John Ernest Osborn Chief financial officer 1 Apr 2007 Other 1509499
Matthew Nunn Principal 1 Feb 2008 Other 41-1908497
Llc Deephaven Capital Management Holdings Shareholder 1 Feb 2008 75% - 100% 26-1771431
Shailesh Vasundhra Principal 1 Feb 2008 Other 4469878
Matthew David Caudill Chief compliance officer 1 Nov 2008 Other 4814478

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Knight Capital Group Shareholder 1 Jan 2000 75% - 100% 22-3689303
Llc Deephaven Managing Partners Shareholder 1 Feb 2008 25% - 50% 26-1861955
Kfp Holdings I Llc Shareholder 1 Feb 2008 50% - 75% 41-1890776
Colin Jonathan Smith Shareholder 1 Feb 2008 50% - 75% 2339445

Based in Minnetonka

The principal office where Deephaven Capital Management LLC performs its advisory services is located at 130 Cheshire Lane, Minnetonka, MN 55305, which is also the mailing address of the firm. An additional office of the firm is in Duluth, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-249-5700 or by fax 952-249-5320. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.deephavenfunds.com.